Vistry: Mortgage rates buoy housebuilder as profits top expectations January 12, 2024 Housebuilder Vistry said it was “optimistic” on recent cuts to mortgage rates today as it revealed it topped profits expectations last year. In a trading update this morning, the FTSE 250 housebuilder said pre-tax profits for 2023 were ahead of its previous guidance and in line with last year at £418m. The group also slashed [...]
Metro Bank: Troubled lender’s CFO to leave after turbulent 12 months January 12, 2024 James Hopkinson has been the bank's CFO and executive director since September 2022 after serving in a similar role at ClearBank.
Burberry shares crater after luxury goods profit warning January 12, 2024 Burberry now expects adjusted operating profit for the financial year ended 30 March 2024 to be in the range of £410m to £460m.
RAF launches strikes in Yemen in retaliation for Houthi Red Sea shipping attacks January 12, 2024 Yemen: The RAF, in concert with the Americans, have launched strikes on Houthi rebel facilities in an effort to bring to an end Red Sea shipping disruption
Over a dozen black-owned businesses in London awarded £10,000 in funding support January 12, 2024 A boost for 13 black-owned businesses in London is underway as the winners were announced for the 2024 UberEats Black Business Fund. Run by the small business support platform, Enterprise Nation, the campaign works to tackle the ongoing funding challenges that face underrepresented businesses in the hospitality sector. “It’s an industry that’s been squeezed tightly by higher [...]
Sainsbury’s launches new EV charging unit to address UK shortage January 12, 2024 Sainsbury's has today launched a new EV charging business designed to give customers access to chargepoints at its stores.
Moving markets: What’s shaping the FTSE 100 today January 12, 2024 Asian shares exhibit mixed performance, with oil surging due to US-UK Yemen strikes, gold shining amidst growing safe-haven appeal, and attention shifting towards upcoming UK factory and GDP data.
Oil prices soar two per cent following US-UK military strikes on Houthi rebels in Yemen January 12, 2024 Oil prices surged by over 2% on Friday due to military strikes conducted by the United States and Britain against Houthi military targets in Yemen.
Clyde & Co fined £500,000 for breaching anti-money laundering rules January 11, 2024 London law firm Clyde & Co has been ordered to pay a £500,000 fine after it failed to comply with anti-money laundering regulations.
Fujitsu sees £786m wiped off value amid Post Office scandal January 11, 2024 Fujitsu has had more than a billion dollars wiped off its value within just eight days, according to data platform Alt Index.